Unit 2- INTRODUCTION TO MANAGEMENT Flashcards
What is management?
Interrelated tasks of planning, organizing, leading and controlling.
accomplishing tasks through the use of people.
What is interpersonal roles?
interact well with everyone, acting as a middle person between employees, groups and build good relationships with the teams.
What are the three roles?
Interpersonal roles, information rules, decisional rules
What is informational roles?
ability to gather and provide timely and accurate information to the employees so everyone is aware of the latest development of the company and its environment
What is decisional roles?
refer to the act of making good decision for the benefits of the company.
What are the 4 management functions?
Planning, leading, organizing and controlling
What is planning?
establishing goals and determining the best way to achieve the goals.
What is leading?
Process of guiding and motivating employees to work towards company’s goals.
What is organizing?
The process of arranging resources to carry out the company’s plans.
What is controlling?
The process of measuring progress of the company’s goals and correcting if results are not as expected.
What is the plan under planning function?
Strategic plans
What is strategic plan?
Involves in making decisions for a long term goal and strategies of a company.
- They are the major targets or end results for a company. that relates to long term survival, growth and value of a company.
Who are involved in the organizing function?
Top managers, middle managers and first line managers.
What is organizing function?
assigning tasks, grouping tasks into
departments, and allocating resources to departments.’
Explain more about organizing function
*Managers create the structure of
working relationships between organizational
members that best allows them to work together and
achieve goals.
• Managers will group people into departments according to the tasks performed.
• Managers will also lay out lines of authority and
responsibility for members.